what is a reimbursement agreement

All contents of the lawinsider.com excluding publicly sourced documents are Copyright © 2013-. THIS REIMBURSEMENT AGREEMENT (the "Agreement") is made and entered into effective as of this 25th day of May 2001, by and between Steven Jobs ("Jobs"), and Apple Computer, Inc., a California corporation ("Apple"). Sometimes, the employer may need to pay for things directly, such as tools, that the employee needs for their job. A health reimbursement arrangement (HRA) is an IRS-approved, employer-funded health benefit used to reimburse employees for out-of-pocket medical expenses and health insurance premiums. Letter of Credit Reimbursement Agreement means the Issuing Lender’s standard form letter of credit reimbursement agreement for standby or commercial letters of credit which has been executed by the Borrower and accepted by such Issuing Lender in connection with the issuance of a Letter of Credit. RMF REIMBURSEMENT AGREEMENT . Consideration of Deposit and Reimbursement Agreement relating to the Anderson Road Project Community Facilities District, San Luis Obispo County. Terry Hayes, Thomson Reuters The agreement extended the Letter of Credit to November 10, 2013. 2”) whereby the Bank agreed to extend the Letter of Credit until November 10, 2010. No additional parity bonds may be issued without the Reserve Insurer’s prior written consent if any policy costs under the Reimbursement Agreement are past due and owing to the Reserve Insurer. Section 100A of ITAA36 is an anti-avoidance provision. REIMBURSEMENT AGREEMENT. Reimbursement agreements are often subject to specific terms in order to qualify for repayment. A cost reimbursement contract is an alternative to a fixed price contract. Reimbursement Agreement. Formal Reimbursement Agreement Template Having a reimbursement agreement will enable you to recover the amount that you have spent above the amount that you had quoted in your estimate. During that time, the costs for certain materials for a service could change, rendering a fixed-price contract inaccurate and potentially unfair to one party or the other. The Town requires the Provider to administer the Town’s Health Reimbursement Agreement Program, Section 105 of the Internal Revenue Code for eligible employees until its expiration on June 30, 2015. A cost-reimbursement contract is an agreement for payment, but without a fixed price. Reimbursement Agreement: Apply the Soluble Template. THIS RMF REIMBURSEMENT AGREEMENT (this “Agreement”) dated as of July 17 , 2003 is between Reginald M. Fountain, Jr. (“RMF”) and Brunswick Corporation (“Brunswick”). The ATO says that for the purpose of section 100A, a "reimbursement agreement" is an agreement under which all or part of the share of income of a trust to which a beneficiary is presently entitled is used to provide a benefit to another person — that is, not that beneficiary. RECITALS . A reimbursement agreement is an agreement between an employer and an employee. It may happen if you have prepared like an estimate of the cost to complete the project. An Employee Training Reimbursement Agreement is a declaration made between the employer and the employee. 3.1 NCL America Holdings Undertakings Star and Investor I have agreed (the “NCLA Undertakings”) to cause the Guarantor to conduct the NCLA Business in the usual and ordinary course of business after the Closing Date.In connection therewith, Star shall periodically reimburse the Guarantor for any NCLA Cash Losses up to the amount of the Cash Losses Cap. Reimbursement agreement A reimbursement agreement generally involves making someone presently entitled to trust income in circumstances where both: someone other than the presently entitled beneficiary actually benefits from that income, and at least one party enters into the agreement for purposes that include getting a tax benefit. On August 3, 2009, $1,245,000 in Bonds were redeemed.On December 30, 2010, the District entered into an Amended and Restated Letter of Credit Reimbursement Agreement with U.S. Bank N.A. A reimbursement agreement is a deal between two parties to repay one party for costs undertaken in a specific venture. All contents of the lawinsider.com excluding publicly sourced documents are Copyright © 2013-. An Expense Reimbursement Policy is a document used by an employer to describe what expenses they cover for their employees, as well as what expenses they do not.. Often, in work situations, employees will need to spend money on items that are directly related to their job. Reimbursement Agreement means (i) any Reimbursement Agreement, made by the Borrower in favor of the Bank, relating to payments for moneys drawn under the Letter of Credit, if any, and any amendments, modifications and supplements thereto, and (ii) from and after the issuance of an Alternate Credit Support, any letter of credit reimbursement agreement or other arrangement between the Borrower … It is to prevent trust stripping through a reimbursement agreement. Sample 1 Sample 2 Sample 3 The purpose of the agreement is to specify the costs incurred by the employee on the job and the reimbursement for the same. Reimbursement Agreement. According to the situation, these things can happen anytime and having a business agreement of this type is the best way to come out of the sticky mess. EXHIBIT 2 . Yea, this kind of agreement will help you to recover the exceeded amount from the client. It cancels the taxation of a beneficiary on certain trust distributions when these are effectively diverted to a third party. Viele übersetzte Beispielsätze mit "reimbursement agreement" – Deutsch-Englisch Wörterbuch und Suchmaschine für Millionen von Deutsch-Übersetzungen. THIS REIMBURSEMENT AGREEMENT (this “Agreement”) is made as of this 2nd day of August, 2002, by and between The Titan Corporation, a Delaware corporation (“Titan”), and SureBeam Corporation, a Delaware corporation (“SureBeam”).. RECITALS: A. Also called a cost plus contract, cost reimbursement contracts are used by governments, private individuals and businesses that are embarking on building or construction projects, on research projects or on other endeavors where a certain amount of materials will need to be purchased. The terms of the agreement define the conditions to be fulfilled to avail reimbursement. For collection year 2015 the District imposed a mill levy of 58 mills for debt service.On June 24, 2009 the District entered into Second Amendment to Letter of Credit Reimbursement Agreement (“Amendment No. Applicant shall enter into a Maintenance and Reimbursement Agreement (“MRA”) with the City for the improvements within the Tracks at Brea. This agreement includes at least a sentence describing what the employee and their employer have entered into an agreement. Many times, a contract covers a long period of time. The Deposit and Reimbursement Agreement is for a proposed Community Facilities District in San Luis Obispo County. Many organizations prefer HRAs over group health insurance or health stipends because of the budget control and tax advantages. What can you infer about it? The conditions of the agreement shall cover all the conditions under which the agreement would be enforced. Agreement, shall Provider bill, charge, collect a deposit from, seek compensation, remuneration or reimbursement from or have any recourse against Covered Person or persons other than United or the payer for Covered Services provided pursuant to this Agreement, for any amount other than co-payments, coinsurance, or deductibles, as applicable. Welcome to the reimbursement agreement! 7.

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